Spyke

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science

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Argentina election: front runner vows to slash science funding

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You can have a very detailed, impractical plan.

For example, his plan for dollarization requires going into a lot of debt, when we're already drowning in it and no one wants to buy our bonds.

Of course, he says that he will regain investors's trust but that seems unlikely given our track record, how Milei is perceived internationally, and the fact that major investment banks have argued against dollarization.

world

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Argentina exits recession in win for libertarian president Milei

In case anyone wants to look at the data: https://www.indec.gob.ar/ftp/cuadros/economia/sh_oferta_demanda_desest_12_24.xls

Here's the data on an XMR chart (excluding the pandemic)

And here's the last section with the downward trend removed.

Last trimester's GDP growth is almost at the point of significance. In the last chart, I'd wait until either we get a point over the blue line or we have a few more points over the dotted line before doing a victory lap.

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